This guidance is for employers and trustees on the ending of contracting-out of the additional State Pension from 6 April 2016.
From 6 April 2016, when the new State Pension was introduced, contracting-out of the additional State Pension ended. This guidance explains the impact of this change for employers, employees and trustees.
This guidance is for the 2,500 private sector employers who offer an open contracted-out salary related pension scheme. The fact sheet explains what the changes are and what employers must do to following the closure of the additional State Pension and the end of contracting-out for defined benefit pension schemes from April 2016.
Employers can supplement their own information with the attached information for employees when making changes to their salary related pension scheme and dealing with the end of contracting-out. The guidance explains how the closure of the additional State Pension from April 2016 affects employees in contracted-out pension schemes.
This guidance explains how the closure of the additional State Pension from April 2016 affects trustees of open, contracted-out defined benefit pension schemes.